Campbell Soup Co. (NYSE: CPB) may be stealing a page from the global M&A playbook. The Sunday Times reported that Campbell is considering making a 1.5 billion pound, roughly $2.3 billion today,…
Reuters: Kenneth Feinberg took over the BP plc $20 billion escrow account. Reuters: Americans are confused about healthcare reform according to a new poll Reuters: Sinochem approached Potash (NYSE: POT) about countering…
BlackRock, Inc. (NYSE: BLK) shares are lower on WSJ reports that Bank of America Corporation (NYSE: BAC) may look to unload its 34% (approximate) stake in the money management giant. With a…
The Blackstone Group, L.P. (NYSE: BX) has agreed to purchase electricity generator Dynegy Inc. (NYSE: DYN). Blackstone will pay $4.50/share in cash, for a total of about $543 million, and assume Dynegy’s…
KKR, the private equity firm, pulled its $500 million IPO. It made a similar move in 2007 as the investment markets fell apart. The large financial operation said the market conditions were…
Douglas A. McIntyre Updated throughout the day. Exxon Mobil (NYSE: XOM) may buy BP plc (NYSE: BP) various BP plc may sell assets in Prudhoe Bay To Apache (NYSE: APA). (various) Blackstone (NYSE: BX) will…
Updated throughout the day. Blackstone Group (NYSE: BX) is close to finishing fund-raising for its sixth global buyout fund–$9 billion (Reuters) Mukesh Ambani, the Indian billionaire who controls Reliance Industries, is close…
Douglas A. McIntyre Updated throughout the day… Apple Inc. (NASDAQ: AAPL) still has persisting rumors of new cell phone carrier distribution outside of AT&T Inc. (NYSE: T). Various sources are citing a weekend report from…
These are some of the top analyst upgrades, downgrades, and initiations seen early this Monday morning in Wall Street research calls: Ace Ltd. (NYSE: ACE) Raised to Conviction Buy List at Goldman…
Updated throughout the day Warren Buffett wants an exception for Berkshire Hathaway (NYSE: BRK.B) as derivative bill nears (WSJ). Blackstone (NYSE: BX) has pulled out of the bidding for RBS (NYSE: RBS) branches. E.ON…
Updated throughout the day. GMAC has attracted potential buyers including Wibur Ross, BlackRock (BLK), and Blackstone Group (BX) (Reuters) The Blackstone Group, the Apollo Group and Colony Capital may buy WestLB’s real estate finance unit. (FT)…
These are ten of the top research calls we have seen in the form of upgrades, downgrades, and initiations from Wall Street analysts this Wednesday morning: Akamai Technologies Inc. (NYSE: AKAM) Raised…
Updated throughout the day. Toyota (TM) may miss North American output goals (Nikkei news service) GM is going back to early bidders for Hummer now that its deal with Chinese firm Sichuan Tengzhong Heavy…
The IPO market is off to a rough start so far in 2010. We have seen very recent developments in deals on deck to price from CBOE Holdings Inc., Convio Inc., Everyday Health Inc.,…
Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of the latest…
